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Web3 Is Not Decentralization
It's just not. Here's a deep dive into why, exactly, I think that.
Topics /
Crypto & Blockchain
The most popular blog posts about crypto & blockchain on Hacker News. 123 posts.
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Building Permanent and Censorship-Resistant Blog with Ethereum ENS and IPFS
The internet nowadays is ephemeral. Layers upon layers of trusted 3rd parties are necessary to distribute content online. It requires ongoing maintenance and is susceptible to censorship or hostile takedowns. In this blog post, I describe the steps I took to host my blog in a trustless, permanent, and…
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Swedish government agencies say energy-intensive crypto mining should be banned
The most common method for producing crypto-assets requires enormous amounts of electricity and generates large CO2 emissions. Crypto-asset producers are keen to use more renewable energy, and they are increasing their presence in the Nordic region. Sweden needs the renewable energy targeted by crypto-asset producers…
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Opera adds native support for blockchain domain names
When my kids were born, I immediately set up gmail accounts for each of them using their nicknames. I’d email observations to their accounts of their first everything, along with photos of moments captured on my mobile. As they grew, I sent audio messages of them reciting poems or silly stories in their raspy, caveman…
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Cryptocurrencies’ Carbon Footprint Underestimated
Back in April I wrote Cryptocurrency's Carbon Footprint about the catastrophic carbon emissions of Proof-of-Work cryptocurrencies such as B...
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Web3 is a stupid idea
timdaub · Web3 is a stupid idea A long time ago, I gave a talk in front of a full audience talking about BigchainDB, a company I worked for to create a (scalable) decentralized database. As
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An NFT without a blockchain
This is a small proof-of-concept. It relies on PGP - but you could use Keybase, GPG, or any other hard-to-use encryption program. Background Suppose you want to support an artist and give them money. That's easy. Most artists take PayPal, bank transfer, or cash. But how can you prove that you've paid an artist for a…
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RSA chief believed cryptographers’ warnings on Dual EC DRBG lacked merit (2014)
"When, last September, it became possible that concerns raised in 2007 might have merit as part of a strategy of exploitation, NIST as the...
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Satoshi leaked his Los Angeles IP address (2016)
Chapter 6 – California In the Jan of 2009 when Hal and Satoshi were working on Bitcoin Alpha version, Hal encountered an error with the software and he posted the debug log to the mailing lis…
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Proof of X
I’ve spent a lot of time recently thinking about different proof-of-work mechanisms. When I say proof-of-work, I’m not talking about consensus algorithms like the ones that some crypto currencies use. I’m talking about social networks.
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Web3 – A Vision for a Decentralized Web
In this blog we start to explain Web3 in the context of the web's evolution, and how Cloudflare might help to support it.
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Crypto wallet security as seen by security engineers
How to build secure crypto wallets, analysing issues found during crypto wallet security audits.
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Stonks Are What You Can Get Away With: NFTs and Financial Nihilism
Eric Jang, "Ten Apes", Jun 19 2021. NFT "drop" coming soon. Andy Warhol once said, “Art is what you can get away with.” I interpret the qu...
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BadEconomics: Putting $400M of Bitcoin on your company balance sheet
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I Am Not Satoshi Nakamoto
This isn’t the first time I’ve received an e-mail like this: Hey! I’ve done my research and looked at a lot of facts and old forgotten archives. I know that you are Satoshi, I do not want to tell anyone about this. I just wanted to say that you created weapons of mass destruction where niches remained poor and the…
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Mining Ethereum on M1 Mac GPU
I’ve had my M1 MacBook Air for a bit of time now, and I also recently started mining Ethereum. I can’t help asking myself: What’s Ethereum mining performance like on a M1 Mac?
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Attacking the DeFi ecosystem with flash loans for fun and profit (2020)
This article will examine in details what happened during the two transactions that exploited vulnerabilities to open under-collateralized positions in bZx, causing a loss of equity worth more than a million dollar in total.
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Solana Labs completes a $314M private token sale led by Andreessen Horowitz
With the new resources, Solana Labs will launch an incubation studio to accelerate the development of decentralized applications and platforms building on…
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Bitcoin Core: Bitcoin Core 0.21.1 released with Taproot activation code
Bitcoin Core 0.21.1 Released With Taproot Activation Code
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What I Think of Bitcoin
These unique insights drive our innovative investment engine, deliver returns for our clients, and inform global economic policy.
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Finally, a Private Stock Exchange
Today was a big day. In 2013 we raised our seed round on the pitch of “building the Nasdaq for private markets.” Eight years later we call…
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Bitcoin as a Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes. Bitcoin at first was “weird internet money” and then it was “a protocol” and then it was “digital gold”. Ethereum is “ICOs”, or maybe “DeFi”, or maybe “Web3”, or maybe all three, or maybe something...
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I Am Parting with My Crypto Library
The time has come for me to find a new home for my (paper) cryptography library. It’s about 150 linear feet of books, conference proceedings, journals, and monographs—mostly from the 1980s, 1990s, and 2000s. My preference is that it goes to an educational institution, but will consider a corporate or personal home if…